Apple to invest another $200 million in carbon removal fund


FILE PHOTO Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington U.S. January 27 2022.      REUTERSJoshua Roberts

FILE PHOTO: Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts

(Reuters) - Apple Inc said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere.

The iPhone-maker said it will invest up to an additional $200 million in its Restore Fund, which was created in 2021 with an initial $200 million commitment.

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